📢 Binance Square Post

🚨 BTC/USDC: Bearish Momentum or Reversal Ahead? #btc #USDC✅

Bitcoin is trading at $102,634.00, down 1.15% over the past 24 hours. The 1H chart indicates a bearish trend, with the price below key EMAs and RSI around 47. However, the Stochastic RSI is deeply oversold, suggesting a potential technical rebound.

On the 4H timeframe, MACD has crossed above the signal line, and RSI is approaching 70, indicating strengthening bullish momentum. The daily chart shows early signs of a bullish crossover in MACD, with support holding above $51,900 and resistance at $65,700.Binance

Traders should watch for a breakout above $104,168 to confirm a bullish reversal. Conversely, a drop below $102,530 may signal continued bearish pressure.

#Bitcoin #BTC #USDC #CryptoTrading #TechnicalAnalysis #BinanceSquare #MarketUpdate #TradingSignals #CryptoNews #BTCUSDC

Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Always conduct your own research before making trading decisions.